Cando Drones Cash Flow Statement

Financials in millions ILS. Fiscal year is January - December.

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-9.73	-5.13	-5.58
Depreciation & Amortization	1.86	1.84	1.18
Loss (Gain) on Equity Investments	1.87	0.53	-
Stock-Based Compensation	2.22	0.11	0.17
Other Operating Activities	-0.99	-0.37	-0.43
Change in Accounts Receivable	0.15	1.02	-1.05
Change in Inventory	-0.13	-0.08	-
Change in Accounts Payable	0.97	-0.38	0.89
Change in Other Net Operating Assets	0.89	-0.66	2.58
Operating Cash Flow	-2.9	-3.13	-2.24
Operating Cash Flow Growth	-	-	-
Capital Expenditures	-1.49	-0.51	-2.65
Sale of Property, Plant & Equipment	1.16	0.44	0.21
Divestitures	-	0.08	0.53
Sale (Purchase) of Intangibles	-0.18	-0.08	-0.32
Investment in Securities	-1.16	-0.84	-0.04
Investing Cash Flow	-1.68	-0.91	-2.27
Short-Term Debt Issued	1.41	1.43	0.7
Long-Term Debt Issued	0.96	0.76	0.81
Total Debt Issued	2.37	2.19	1.51
Long-Term Debt Repaid	-0.51	-0.33	-0.92
Net Debt Issued (Repaid)	1.87	1.86	0.59
Issuance of Common Stock	2.11	2.09	0.08
Other Financing Activities	-0.15	0.59	2.34
Financing Cash Flow	3.82	4.55	3.01
Net Cash Flow	-0.76	0.51	-1.49
Free Cash Flow	-4.39	-3.64	-4.88
Free Cash Flow Growth	-	-	-
Free Cash Flow Margin	-62.46%	-57.66%	-79.70%
Free Cash Flow Per Share	-4.04	-4.82	-10.40
Levered Free Cash Flow	-1.86	-	-
Unlevered Free Cash Flow	-1.24	-	-
Cash Interest Paid	0.25	0.18	0.16
Change in Working Capital	1.87	-0.1	2.42